The quarterly report from Scomi Energy Services for the period ended 30 June 2018 contained the following,
"Petronas has confirmed termination of the RSC agreement. The modalities for handover of the operations and novation of contracts are on-going. Reimbursement of capital and operating expenditure will be subject to audit and finalization by Petronas."
The entire report is at http://malaysiastock.biz/Company-Announcement.aspx?id=1080984
DYOR IMHO
Sudden interest?, page-12
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